A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.



Business Inventory Increase A Good Sign

"...Amy Scott: We're not talking any miracles here. Inventories grew by just two-tenths of a percent. But after 13 months of declines, economist Lakshman Achuthan says it's a good sign.

Lakshman Achuthan: It's a very good sign. Because when businesses ramp up inventories that's, in essence, new orders going out across the country.

That means, eventually, factories start humming again, and businesses start hiring people to make and sell all that stuff. Achuthan predicts the economy will start creating jobs again in the next couple of months...."